WBTL plans to use idle raised funds to purchase wealth management products, with a maximum amount of 1.3 billion

Zhitong
2025.10.17 08:59

Wuhu Bertli Automotive Safety Systems Co., Ltd. announced that in order to improve the efficiency of fund utilization and increase returns, the company plans to use a maximum of 1.3 billion yuan of idle raised funds for cash management, with a usage period not exceeding 12 months, which can be rolled over, and will be returned to a designated account upon maturity. This time, two financial products from Galaxy Securities will be purchased, with an investment of 50 million yuan each, starting from October 17, 2025, one maturing on April 15, 2026, and the other on October 16, 2026, both offering principal-protected floating returns. The relevant proposals have been approved by the board of directors and the supervisory board, and the sponsoring institution has no objections. Although the investment risk is controllable, returns may fluctuate due to macroeconomic influences. As of the announcement date, 1.26 billion yuan of the quota has been used in the past 12 months, with an unused quota of 40 million yuan